Tesla rebounds after Trump defends Musk

Tesla shares recovered on Tuesday after a sharp decrease in the start of the week after President Donald Trump published a publication on the social media that defends the CEO of the company, Elon Musk, amid his work in management – until Tesla brought to the White House.

Tesla shares fell more than 15 % on Monday in the wake of slow sales in the United States and abroad, in addition to the uncertainty surrounding Elon Musk’s concentration on the company, given his involvement with the Trump administration and other companies such as SPACEX and its X.

Trump wrote in a post on his social media website, Truth Social, that Musk is “putting it on the test to help our nation, and it is doing a great job!

“They tried to do it in the 2024 presidential ballot box, but how did this succeed? In any case, I will buy a new Tesla Tomorrow as a bid of confidence and support for Elon Musk, a really great American,” Trump wrote on Monday. “Why should he be punished for putting his huge skills to work in order to help make America great again ???”

Trump says he will buy Tesla to support Elon Musk and his “child”

President Donald Trump and CEO of Tesla El Musk speaks to the press while they were standing next to the Tesla in the South Portico from the White House on March 11, 2025. (Mandel NGAN / AFP via Getty Images / Getty Images)

Musk was a prominent supporter of Trump’s presidential campaign and suggested the establishment of the Ministry of Government efficiency (DOGE), which he led in its efforts to reduce what the administration considers fraud, waste and abuse.

The political participation of the billionaire prompted a decline from the demonstrators who held demonstrations, and in some cases, Tesla vehicles were vandalized, and the stations and agents went.

Tesla cars, targeted charging stations while demonstrators condemn Doug, Elon Musk

Last Thursday, Associated Press reported that Tesla in the state of Oregon near Portland was targeting gunshots, destroying multiple cars and destruction windows. A man was also arrested recently after the Molotov cocktails at Tesla Agency in Salem, Oregon, said the state team said.

People participate in the “TeslatAtedown” protest against Elon Musk outside Tesla in New York, March 1, 2025. (Leonardo Monoz / AFP via Getty Images / Getty Images)

Also, many Tesla charging stations were set in Massachusetts. Brooklyn police recently arrested a Boston man who was arrested on the video, allegedly marking Tesla vehicles with musk badges and sharing shots on X.

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Last week, Federal Public Prosecutors at Colorado Lucy Grace Nelson accused 42 -year -old, also known as Justin Thomas Nelson, after the police found a number of explosives and messages at Colorado Tesla.

Alexandra Fox News Digital has contributed to this report.